GoldPoint | 07/11/2019
The PRI is recognized as the leading global network for investors who have publicly committed to integrating ESG considerations into their investment practices and ownership policies.
“GoldPoint has long recognized the importance of ESG and principles surrounding responsible investing,” said Thomas Haubenstricker, Chief Executive Officer.
“We will continue to encourage and seek to influence our sponsors and portfolio companies to incorporate these critical factors into their business practices as ESG is not only the right thing to do, but also a strong and sustainable business strategy,” said Mr. Cashion.
Over the last year, GoldPoint has taken several steps to formally incorporate ESG principles into its investment process and continues to encourage transparent corporate disclosures and sustainable business practices through its seats on sponsor advisory committees and board observer seats at portfolio companies.
GoldPoint Partners is a private equity affiliate of New York Life Investment Management LLC managing approximately $13.2 billion in private equity assets, comprised of equity co-investments, mezzanine investments, and limited partnership investments in alternative investment funds. GoldPoint manages these assets on behalf of pension funds, financial institutions and high-net-worth investors around the world, as well as for New York Life Insurance Company. For more information, please visit goldpointpartners.com
The UN-supported Principles for Responsible Investment (PRI) is the world’s leading initiative on responsible investment. The six Principles for Responsible Investment are a voluntary and aspirational set of investment principles for incorporating environmental, social and governance issues into investment practices. In implementing the principles, signatories contribute to developing a more sustainable global financial system. The principles have signatories including asset owners, investment managers and service providers from over 50 countries. Visit www.unpri.org
GoldPoint Partners, a private equity affiliate of New York Life Investment Management today announced that Scott Iorio has been promoted to Managing Principal.
GoldPoint Partners announced the successful closing of its fourth fund-of-funds, GoldPoint Partners Select Manager Fund IV, L.P. (the "Fund"). The Fund closed on $678 million of commitments, a 150 percent increase from its predecessor fund.
GoldPoint Partners LLC announced the successful closing of its sixth equity co-investment fund, GoldPoint Partners Co-Investment VI, LP (the "Fund"). The Fund closed on its hard cap of $850 million of commitments, a 26 percent increase from its predecessor fund.
GoldPoint Partners LLC, a private equity affiliate of New York Life Investments, today announced the successful final closing of its fourth mezzanine fund, GoldPoint Mezzanine Partners IV, LP (the "Fund"). The Fund held its final close on April 17th with $1.3 billion of total commitments, an approximate 25 percent increase from its predecessor fund.
In response to the COVID-19 crisis, GoldPoint Partners and its team are contributing to the Brave of Heart Fund and the Food Bank for New York City.
Following is the text of a memo from Thomas M. Haubenstricker, dated November 17, 2020, distributed to GoldPoint’s Limited Partner investors and Core Partners.